Chapter 1260: 1.5%

"The interest rate cut is something that must happen. The cost of loans must be reduced. The market will be vigorous." Shang Wen looked at King Qin and said with confirmation.

"En." King Qin nodded thoughtfully.

"Is there not enough money in the market?" At this time, King Qin asked such a question.

"The amount of money in the market is sufficient, but the circulating funds are insufficient. This is one of the important reasons for the limited economic vitality of the Qin State. Without funds, it is like, if there is no flowing water injected into the rivers, lakes, and seas. Without the injection of such flowing water, then the rivers and lakes The sea will soon become stagnant water. Qin's current situation absolutely does not allow it to become stagnant water." Shang Wen said at this time.

"En." King Qin nodded. King Qin had a more sober understanding of Qin's economy. He found that the mysterious power that allowed Qin to maintain such a strong development came from the power of capital. As long as Qin State has sufficient capital, Qin State will develop to an unprecedented height. This height is almost more than the sum of the previous nearly 100 years. And the ability to generate wealth is surprisingly amazing. This mysterious power made King Qin feel a little frightened.

"Is the prime minister sure?" This time. King Qin asked.

"Yes." Shang Wen nodded and said.

"As long as the bank cuts interest rates. Then Qin will quickly enter a period of rapid development again." Shang Wen said affirmatively.

"Okay. Then lower the interest rate." King Qin took the report submitted by Shangwen at this time. Approve. Looking at the official document formally formed on it, a stone in Shang Wen's heart was finally completed.

At this time, in the meeting place of the Banking Union. The bankers have reached a consensus, they agreed to cut interest rates, and used Shangwen's proposal to cut interest rates. Qin Guo's bank will lower the bank interest rate by one point, that is, the interest rate by 2%. This interest rate is relatively high. However, for a one-percentage reduction, the intensity is already considerable. In terms of deposit reserves, Qin will reduce it to half a point. It is maintained at a relatively low level of 1.5%. In this way, Qin's bank has sufficient capital to circulate in the market.

"How is the situation inside?" At this time, a reporter anxiously asked a service person who came out of it.

"I don't know. The inside is very confidential, and no one is allowed to enter." The service staff said at this time.

"Oh." The reporter nodded and said at this time.

"So, is there anything unexpected in it. For example. It's a loud noise. Or is it a very loud noise?" At this time. The reporter asked.

"En" the waiter thought for a while and replied.

"It seems there is. The noise inside is loud. What seems to be a quarrel?" The service staff said at this time.

"Are you sure?" the reporter asked at this time.

"Yes. I'm sure. There seemed to be a quarrel inside. Then a security guard drove us out." At this time. The service staff said.

"En." The reporter thought for a while.

"Okay. Thank you." This time. The reporter handed a banknote to the other party and thought about it for himself.

"If the waiter is telling the truth, then there may still be many differences. The possibility of the banking industry cutting interest rates is very small." The reporter himself made some inferences. Then I made sure that what I saw was the truth, and then quickly walked to the phone.

"Hey. Editor-in-chief. Amazing news." At this moment, the reporter shouted loudly while holding the phone.

"What amazing big news. Is the bank lowering the interest rate?" The editor-in-chief shouted loudly on the other end at this time.

"No. I found out from the service staff. There was a quarrel. It shows that the bankers have big differences." The reporter said at this time.

"What?" the editor-in-chief asked loudly at this time.

"Disagreements. There are quarrels, and the differences are still very big. It shows that such a big rate cut cannot happen today." The reporter said.

"You better be sure." At this time, the editor-in-chief said.

"I can be sure." The editor said at this time.

And on the other side of the newspaper. An assistant ran in nervously.

"Bang." The door slammed open. The assistant rushed in desperately.

"Editor-in-chief. Big news. Qin Palace. There is already news. The assistant shouted.

"What's the news?" The editor-in-chief can't take care of everything at this time. He asked loudly at this moment while holding the phone.

"The prime minister has already announced that the interest rate will be cut. The king, the king has already endorsed the interest rate cut report. The magnitude is unprecedented. The interest rate has been reduced by 1.5%." At this time. The assistant said loudly.

"Ah." The editor looked at the assistant in surprise at this time.

"This. Is this true?" This time. The editor asked again. Because there were two different opinions before. This left the editor at a loss.

"OK. At Xianyang Palace. The prime minister has already started a brief press conference." At this time. The assistant shouted.

"Oh. My goodness." The editor cried out surprisingly.

And the reporter on the other end of the phone. At this time, I heard amazing news. He felt himself spinning around.

And outside the Xianyang Palace. Shang Wen is conducting a simple press conference.

"My lord, I have just approved the report in my hand." Shang Wen waved the report in his hand at this time.

"Kachakacha." The reporters took pictures of Shangwen with cameras in their hands, they wanted to grasp this moment in history. Shang Wen stepped back a little uncomfortable under the spotlight.

"This report allows Qin State Bank to reduce interest rates by 1.5%. The deposit reserve is 1.5." Shang Wen said at this time.

"Oh." The reporters did not have time to press the spotlight at this time. Instead, there was a surprised voice. Because this is very powerful. Qin Guo cut the bank's interest rate by half at once. This is unimaginable strength.

"Kacha. Kacha." After reacting for a few seconds. Only then did all the reporters react.

"Everyone, wait a minute." Shang Wen waved the report in his hand and said.

"However. Now we still need to wait. The king just approved. But the final result needs to be discussed with the bank union. If there are big differences between them, then we still need to negotiate." Shangwen at this time He waved his arms again and said.

"Crack, click, wipe." All the reporters pressed the shutter again. In Xianyang Palace, Shang Wen's assistant was calling the meeting place of the Banking Union.

"What?" And discussed at the meeting of the Banking Union. The assistant secretary of the bank connected the phone and said.

"My Majesty, the Prime Minister's report has been approved. The King has stepped up his efforts to cut interest rates at the last moment. The point of the rate cut is 1.5, 1.5%." Shang Wen's assistant shouted loudly.

"What? You say it again." This time. The bank minister asked loudly.

"1.5, 1.5%." Shang Wen's assistant repeated loudly.

"Oh. My goodness." This time. Shouted the bank minister.

"This is definitely a big earthquake." The bank minister said loudly into the phone. Then he quickly hung up the phone, and then quickly ran to the bank minister and whispered the amazing news to the bank minister.

"Are you sure?" the bank minister said at this time.

"The king has been confirmed on the side of Xianyang Palace. The final figure was added by the king last." The assistant bank minister said to the bank minister.

In fact, when Shang Wen got the report. Nor did he notice that King Qin had changed the number. Shang Wen found out that the number had been specially annotated when it was finalized, adding 0.5% to the number. After Shang Wen saw the revised figure. I felt that my heart was beating violently. It's amazing.

"Oh. My goodness." The bank minister obviously didn't expect such a result.

"You, can you be sure that this happened?" At this time, the bank minister asked with unbelievable certainty.

"Yes. Definitely. The prime minister's assistant clearly told me about this. The subsequent written documents will be delivered in person." The assistant said at this time.

"My lord, are you sure you changed it?" the bank minister asked again in disbelief.

"OK, it's changed." This time. Said the assistant secretary of the bank.

"Oh." The bank minister only believed the assistant's words at this time.

"This is an astonishing earthquake." said the bank minister.

"Okay. Then hand me the written document. I want to release this amazing news." The bank minister said at this time.

"Everyone, everybody, everyone is quiet. There is an amazing news." This time. The bank minister said loudly. Because of the extreme secrecy nature, when the bankers were in the meeting, they could not know that the Xianyang Palace had undergone astonishing and huge changes. At this time, the entire news media had already conveyed the news.

"My lord, the Prime Minister's report document has been approved." The bank minister said loudly.

"Haha." The bankers heard such a news. They all shouted ecstatically.

"Papa." At this time, some bankers applauded loudly. What's more, they embraced each other to celebrate their great victory,

"Everyone, everybody," the bank minister shouted at this time.

But the situation is really messed up. All the bankers are celebrating their victory. They see interest rate cuts as a great victory for them. Then, bankers will make crazy profits, and this profit will flow into their pockets without limit.

"Everyone, everybody," the bank minister still cried out. But the surrounding situation is really messed up. No one noticed the loud shout of the bank minister.